Nigerian business mogul Aliko Dangote has been reinstalled as president of the Nigerian Stock Exchange (NSE) after the Court of Appeal in Lagos upheld his appeals against the cases which had led to the nullification of his appointment in 2010. Dangote, elected unanimously in 2009, was stripped of his position in 2010 by the Federal High Court in Lagos following accusations he manipulated oil shares. Last Friday, Justice Helen Ogunwumiju set aside the 2010 ruling delivered by Justice Lambo Akanbi, paving the way for Dangote, Africa’s richest man, to retake his position.
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